How many Cream outlets were terminated in 2022?
Cream Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlets Opened | Ceased | Outlets at End of Year | ||||
|---|---|---|---|---|---|---|
| Outlets | Non- | Reacquired | Operations - | |||
| Year | at Start of Year | Terminations | Renewals | by Franchisor | Other Reasons | |
| 2022 | 0 Outlets | 0 0 | 0 | 0 | 0 | 0 Ceased |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 57–60)
What This Means (2025 FDD)
According to Cream's 2025 Franchise Disclosure Document, there were no terminations of Cream outlets in 2022. The provided table indicates that for the year 2022, there were 0 outlets at the start of the year, 0 terminations, 0 non-renewals, 0 outlets reacquired by the franchisor, 0 outlets ceasing operations for other reasons, and 0 outlets at the end of the year. This suggests that Cream did not experience any franchise terminations during that period.
This information is crucial for potential franchisees as it provides insight into the stability and success rate of Cream franchises. A low number of terminations can indicate a healthy franchise system with supportive franchisor-franchisee relationships and profitable business operations. Conversely, a high number of terminations could signal potential issues with the franchise model, such as inadequate support, poor unit economics, or conflicts between the franchisor and franchisees.
Prospective franchisees should further investigate the reasons behind outlet closures, even if the number appears low. Understanding the specific factors that contribute to terminations or non-renewals can help franchisees assess the risks associated with investing in a Cream franchise and make informed decisions about their business strategy and operational approach. It's also important to note that this data reflects past performance and may not be indicative of future results, but it serves as a valuable starting point for due diligence.